Current practices of Islamic credit cards in Malaysia

The practice of Islamic credit cards today is still controversial among Muslim scholars particularly concerning to its contracts and as well as its efficiency to attain Maslahah. The Islamic credit card is very important and some studies have done on it. Conversely, studying about the contrast of th...

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Main Authors: Uddin, Mohi, Hossin, M.M. Ismail, Islam, Mohd Aminul
Format: Article
Language:English
Published: Scholars Middle East Publishers 2017
Subjects:
Online Access:http://irep.iium.edu.my/61777/
http://irep.iium.edu.my/61777/
http://irep.iium.edu.my/61777/
http://irep.iium.edu.my/61777/1/Saudi%20Journal%20of%20Business_1179%20%282%29.pdf
id iium-61777
recordtype eprints
spelling iium-617772018-02-01T04:03:11Z http://irep.iium.edu.my/61777/ Current practices of Islamic credit cards in Malaysia Uddin, Mohi Hossin, M.M. Ismail Islam, Mohd Aminul HG Finance HG3368 Islamic Banking and Finance The practice of Islamic credit cards today is still controversial among Muslim scholars particularly concerning to its contracts and as well as its efficiency to attain Maslahah. The Islamic credit card is very important and some studies have done on it. Conversely, studying about the contrast of the various product of Islamic credit cards practiced in Malaysia, although in the recent year is still limited. Consequently, this paper would like to undertake this concern by comparing the various products of Islamic Credit Cards in Malaysia. Islamic credit card known as Credit Card-i is such of the alternate banking products instigated through Bank Negara Malaysia (BNM), also Islamic financial institutions in Malaysia to exchange the conventional credit card. This article aims on evaluating the bay‟ al-„Inah, Tawarruq as well as Ujrah development while practiced over Bank Negara Malaysia (BNM) as well as Islamic Financial Institutions in Malaysia with Shariah compliance perceptions. The method used is explanative along with positive absorbed criticism which aims next to well the offered structure. Scholars Middle East Publishers 2017-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/61777/1/Saudi%20Journal%20of%20Business_1179%20%282%29.pdf Uddin, Mohi and Hossin, M.M. Ismail and Islam, Mohd Aminul (2017) Current practices of Islamic credit cards in Malaysia. Saudi Journal of Business and Management Studies (SJBMS), 2 (12B). pp. 1189-1192. ISSN 2415-6663 E-ISSN 2415-6671 http://scholarsmepub.com/wp-content/uploads/2018/01/SJBMS-212B1189-1192.pdf 10.21276/sjbms.2017.2.12.17
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG Finance
HG3368 Islamic Banking and Finance
spellingShingle HG Finance
HG3368 Islamic Banking and Finance
Uddin, Mohi
Hossin, M.M. Ismail
Islam, Mohd Aminul
Current practices of Islamic credit cards in Malaysia
description The practice of Islamic credit cards today is still controversial among Muslim scholars particularly concerning to its contracts and as well as its efficiency to attain Maslahah. The Islamic credit card is very important and some studies have done on it. Conversely, studying about the contrast of the various product of Islamic credit cards practiced in Malaysia, although in the recent year is still limited. Consequently, this paper would like to undertake this concern by comparing the various products of Islamic Credit Cards in Malaysia. Islamic credit card known as Credit Card-i is such of the alternate banking products instigated through Bank Negara Malaysia (BNM), also Islamic financial institutions in Malaysia to exchange the conventional credit card. This article aims on evaluating the bay‟ al-„Inah, Tawarruq as well as Ujrah development while practiced over Bank Negara Malaysia (BNM) as well as Islamic Financial Institutions in Malaysia with Shariah compliance perceptions. The method used is explanative along with positive absorbed criticism which aims next to well the offered structure.
format Article
author Uddin, Mohi
Hossin, M.M. Ismail
Islam, Mohd Aminul
author_facet Uddin, Mohi
Hossin, M.M. Ismail
Islam, Mohd Aminul
author_sort Uddin, Mohi
title Current practices of Islamic credit cards in Malaysia
title_short Current practices of Islamic credit cards in Malaysia
title_full Current practices of Islamic credit cards in Malaysia
title_fullStr Current practices of Islamic credit cards in Malaysia
title_full_unstemmed Current practices of Islamic credit cards in Malaysia
title_sort current practices of islamic credit cards in malaysia
publisher Scholars Middle East Publishers
publishDate 2017
url http://irep.iium.edu.my/61777/
http://irep.iium.edu.my/61777/
http://irep.iium.edu.my/61777/
http://irep.iium.edu.my/61777/1/Saudi%20Journal%20of%20Business_1179%20%282%29.pdf
first_indexed 2023-09-18T21:27:36Z
last_indexed 2023-09-18T21:27:36Z
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